American Airlines’ newly filed plan of reorganization, which centers on its proposed merger with US Airways, provides details of a drastic overhaul of its regional operation’s cost structure through a combination of aircraft returns and reduced leasing payments. The cost of American Eagle Airlines’ fleet was a burden to its parent company prior to the company’s Chapter 11 filing in November 2011, and during the court protected restructuring American first negotiated the return of 18 ...
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